New 8-Unit Apartment
New
For Sale
$3,040,000
4635 Sylvester Street # 101-108, Dallas, TX 75219
Individual homes feature open living areas, private bedroom suites, and attached garages.
Property Size15,336 SF
Days on Market4
Property Features for 4635 Sylvester Street # 101-108
General Information
Standard status
Active
Size
15,336 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Oak Lawn
Units
Unit Mix
8 x 2BR/2.5BA
Multifamily Units
8
Parking per Unit
2
Amenities
Carpet,Luxury Vinyl Plank
8
1
24
Combo
16
Eat-in Kitchen,Kitchen Island,Open Floorplan,Second Primary Bedroom
Wood
Less Than .5 Acre (not Zero)
Slab
Yes
20
12450.0000
2
0.2858
Square Feet
Public Records
Garage,Garage Door Opener
Rain Gutters,Private Yard
15336.00
Building Details
Building Size
15,336 SF
Year Built
2026
Listing Agency:
West Residential Realty, LLC
(254) 276-3108
Listed By:
Crystal Miller
Source:
Millerhometeam
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West Residential Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this Dallas apartment property contains eight residences, each with approximately 1,400 square feet, two bedrooms, and 2.5 bathrooms. The homes have open living and dining areas, eat-in kitchens with island counters, stainless steel appliances, luxury vinyl plank flooring, and en suite bathrooms for both bedrooms. Each residence also includes an attached two-car garage.
The property is situated between Uptown, Love Field, and the Medical District. Its eight-home configuration and consistent floor plans provide a clear overview of the residential offering.
The property is situated between Uptown, Love Field, and the Medical District. Its eight-home configuration and consistent floor plans provide a clear overview of the residential offering.
Key Highlights
- Eight residences, each with approximately 1,400 square feet
- Each home has 2 bedrooms and 2.5 bathrooms
- Completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,199
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,663,980
$4.7M
Cap Rate 7%
$3,331,414
$3.3M
Cap Rate 9%
$2,591,100
$2.6M
Market Conditions
NOI Build-Up for 15,336 SF
Gross rent
$474.8K $30.96/SF
− Vacancy
−$50.8K −$3.31/SF
EGI
$424.0K $27.65/SF
− OpEx
−$190.8K −$12.44/SF
NOI
$233.2K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,663,980
Cap Rate 7%
$3,331,414
Cap Rate 9%
$2,591,100
Alternative Uses
Best Use
Apartment 5plus
$3.33M
$2.91M – $3.89M
NOI $233,199 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.40M
$16.10M – $21.47M
NOI $1,288,136 @ 7.0% cap · market cap 42.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,507
Businesses Nearby
Explore this area
Business Placement
Demographics for 75219, TX
27,885
Population
19,190
Households
1.5
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
2.3 sq mi
ZIP Area
12,124
Density / Sq Mi
$92,541
Median Household Income
$70,549
Median Earnings
$1,751
Median Rent
$377,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Individual homes feature open living areas, private bedroom suites, and attached garages.
Where is this apartment building located?
The property is located at 4635 Sylvester Street # 101-108 Dallas, TX.
What is the asking price?
The asking price for this property is $3,040,000.
What are key features of this property?
This property features: Eight residences, each with approximately 1,400 square feet; Each home has 2 bedrooms and 2.5 bathrooms; Completed in 2026
